Business & Money | Sunday 15 February, 2026 9:22 am

UAE takes part in 49th session of IFAD Governing Council in Rome

The UAE has participated in the 49th session of the IFAD Governing Council, held from 10th to 12th February 2026 at the headquarters of the International Fund for Agricultural Development (IFAD)in Rome, Italy. Represented by the Ministry of Finance, the UAE’s delegation included Mariam...

More Details

Business & Money | Sunday 15 February, 2026 9:20 am

IHC generates AED111.4 billion revenue; AED34.7 billion net profit in FY 2025

IHC, the global investment company focused on building dynamic value networks, has reported its full-year 2025 audited financial results, delivering Revenue of AED111.4 billion, up 29.1% year-on-year, and Profit After Tax of AED 34.7 billion, an increase of 35.1%, underpinned by disciplined...

More Details

Business & Money | Friday 13 February, 2026 9:22 am

Alramz inks deal to develop 2 residential towers in Makkah

Alramz Real Estate Co. signed, on Feb. 12, a development agreement with Ramz Al Hijaz Fund (managed by Al Rajhi Capital) to develop two land plots, located in the King Abdulaziz Road District in Makkah, with the aim of developing and constructing two residential towers there. In a statement to ...

More Details

Business & Money | Friday 13 February, 2026 9:19 am

Saudi EXIM, Advanced ink export credit insurance policy worth over SAR 800M

The Saudi Export-Import Bank (Saudi EXIM) signed an export credit insurance policy with Advanced Petrochemical Co., valued at more than SAR 800 million. The policy aims to cover the risk of non-payment by international buyers for petrochemical products, thus helping enhance the sustainability...

More Details

Business & Money | Friday 13 February, 2026 9:17 am

Saudi Arabia issues 61 mining licenses worth SAR 44B in 2025

Jarrah bin Aljarrah, official spokesperson for the Ministry of Industry and Mineral Resources, stated that the number of mining and small mine exploitation licenses issued in 2025 reached 61, compared to 19 licenses in the previous year, a growth of 220%. Total investments in the new licensed...

More Details

Business & Money | Thursday 12 February, 2026 2:46 pm

Saudi Subsidiary of 3D Factory Korea Receives Guinness World Records Pre-Approval for World’s Highest Mountain Media Facade

Ruyah Faidah (Vision Plus), the Saudi Arabian subsidiary of the global tech leader 3D Factory Korea, has officially announced its pre-approval from Guinness World Records for the "World’s Highest Mountain Media Façade." Perched at a breathtaking altitude of 1,738 meters atop Al-Hada Mountain,...

More Details

Business & Money | Thursday 12 February, 2026 2:37 pm

Watch Safes as Part of Asset Protection and Luxury Living in the Middle East

In recent years, luxury watches have evolved beyond personal accessories to become recognized assets - objects of value that combine craftsmanship, heritage, and long-term worth. Across the Middle East, where high-net-worth individuals and collectors are deeply embedded in a culture of fine watch...

More Details

Business & Money | Wednesday 11 February, 2026 11:45 am

Zain KSA Achieves Highest-ever Revenue of SAR 11 Bn in 2025 Net Profit Amounts to SAR 604 Mn

Zain KSA, leading digital services provider in Saudi Arabia, announced its financial results for the fiscal year 2025, reporting record revenue of SAR 11 billion, a 6% year-on-year growth compared to SAR 10.4 billion in 2024.  Net profit for the year reached SAR 604 million, up from SAR...

More Details

Business & Money | Wednesday 11 February, 2026 9:14 am

GE Aerospace signs Industrial Participation agreement and manufacturing MoU with Saudi Arabia’s General Authority for Military Industries (GAMI)

GE Aerospace (NYSE: GE) and Saudi Arabia’s General Authority for Military Industries (GAMI) have signed an Industrial Participation Agreement to enhance F110 repair capabilities and strengthen maintenance, repair and overhaul (MRO) skills by utilizing specialized equipment with advanced training. ...

More Details

Business & Money | Wednesday 11 February, 2026 9:08 am

NORD Development Launches NOVAYAS, a AED 300 million Mixed-Use Development only a few steps from Disneyland, Yas Island

 NORD Real Estate Development L.L.C. has officially launched NOVAYAS, a contemporary mixed-use development, located at the heart of Yas Island. Valued at approximately AED 300 million, the project marks a strategic addition to Abu Dhabi’s evolving real estate landscape, combining thoughtful...

More Details